INSIMBI INDUSTRIAL HOLDINGS LIMITED - Results of the annual general meeting

Results of the annual general meeting

Insimbi Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB
ISIN: ZAE000116828
(“Insimbi” or “the Company”)

RESULTS OF THE ANNUAL GENERAL MEETING

Shareholders are hereby advised that at the annual general meeting of the Company held via
a remote interactive electronic platform today, 6 July 2022 at 10:00 (“AGM”), all of the
resolutions were passed by the requisite majorities of the Company’s shareholders.

Details of the results of the voting at the AGM are as follows:

                                            Votes
                         Votes for        against
                        resolution     resolution
                              as a           as a                    Number of      Number of
                        percentage     percentage                       shares         shares
                          of total       of total                     voted at      abstained
                         number of      number of      Number of      AGM as a           as a
Resolutions                 shares         shares         shares    percentage     percentage
proposed at the           voted at       voted at       voted at  of shares in   of shares in
AGM                            AGM            AGM            AGM        issue*         issue*
Ordinary resolution
number 1:
Adoption of annual
financial
statements                 99.99%           0.01%    307 737 180       73.00%          0.08%
Ordinary resolution
number 2:
Confirmation of
appointment of Ms
IP Mogotlane               95.82%           4.18%    307 737 180       73.00%          0.08%
Ordinary resolution
number 3:
Appointment of Mr
RI Dickerson to the
Audit and Risk
Committee                  95.82%           4.18%    307 737 180       73.00%          0.08%
Ordinary resolution
number 4:
Appointment of Ms
IP Mogotlane to the
Audit and Risk
Committee                  95.82%           4.18%    307 737 180       73.00%          0.08%
Ordinary resolution
number 5:
Appointment of Ms
CS Ntshingila to           95.82%           4.18%    307 737 180       73.00%          0.08%
the Audit and Risk
Committee
Ordinary resolution
number 6:
Appointment of
Moore Cape Town
Inc. as external
auditor                    99.99%           0.01%    307 737 180       73.00%         0.08%
Ordinary resolution
number 7:
Indemnification of
directors                  99.98%           0.02%    307 736 490       73.00%         0.08%
Ordinary resolution
number 8:
General authority to
issue shares or
options for cash           91.38%           8.62%    307 737 180       73.00%         0.08%
Non-binding
advisory vote 1:
Remuneration
policy                     95.81%           4.19%    307 737 180       73.00%         0.08%
Non-binding
advisory vote 2:
Implementation
report                     99.97%           0.03%    307 737 180       73.00%         0.08%
Special resolution
number 1:
Approval of non-
executive directors’
fees                       99.95%           0.05%    307 736 490       73.00%         0.08%
Special resolution
number 2:
General approval to
repurchase
company shares             91.38%           8.62%    307 737 180       73.00%         0.08%
Special resolution
number 3:
Loans or financial
assistance to
subsidiaries and
related or inter-
related companies
in terms of Section
45(2) and 45(3)            99.98%           0.02%    307 736 490       73.00%         0.08%
Special resolution
number 4:
Loans or financial
assistance to
subsidiaries and
related or inter-
related companies
in terms of Section        99.98%           0.02%    307 736 490       73.00%         0.08%
44(3)(a)(ii), 44(1)       
and 44(2).

Note:
*Total number of shares in issue as at the date of the AGM was 421 538 462.


Johannesburg
6 July 2022

Sponsor
PSG Capital

Date: 06-07-2022 01:26:00
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